133-37 ST JAMES PL, ATLANTIC CITY, NJ 08401
133-37 ST JAMES PL, ATLANTIC CITY, NJ 08401
$4,550,000
Sq. Ft.: N/A
Type: Commercial
Listing #NJAC2019406
Listing Courtesy of: KW Empower (215) 627-3500
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Rare 85-Unit Multifamily Portfolio in the Heart of Atlantic Cit!y! Hunters Commercial is pleased to present 133-37 St James Place -- a turnkey, fully occupied 85-unit multifamily investment with significant value-add potential. Situated just blocks from the Atlantic City boardwalk and casino corridor, this offering includes two stabilized buildings plus an additional vacant lot -- all on one parcel with dual deeds. Current rents are well below market, presenting an opportunity to increase income by 20%+ through repositioning. With a cap rate of 10.69% and cash-on-cash returns over 10%, this asset is ideal for investors seeking stable cash flow with upside in a high-demand market undergoing active redevelopment. Positioned in one of Atlantic City's most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether you're looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!
Listing Courtesy of: KW Empower (215) 627-3500
Property Features
County: ATLANTIC-NJ
Municipality: ATLANTIC CITY
Latitude: 39.35897
Longitude: -74.4266
MLS Area: Atlantic City (20102)
Directions: Use GPS
Heating: Radiant
Heating Fuel: Natural Gas
Cooling: Window Unit(s), Electric
Water Heater: Natural Gas
Total Number of Units: 0
Accessibility: None
Is New Construction: No
Construction: Other
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 0
Lot Size in Acres: 0.07
Lot Size in Sq. Ft.: 3,124
Dimensions: 41.66 x 75.00
Zoning: RS-C
Building Total Area (Sq. Ft.): 6,248
Has Waterfront: No
Has Water Access: No
School District: ATLANTIC CITY SCHOOLS
ListDate: 2025-06-25 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 2025
Status: Active
Tax Year: 2024
Tax Amount: $25,890
Ownership Interest: Fee Simple
Business Type: Other
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at July 18, 2025, 12:53 AM ET
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